|
Airtel Africa PLC - telecommunications and mobile money services in Africa - Wins final approval for a full Payment Service Bank license from the Central Bank of Nigeria. This allows Airtel ‘to deliver a full suite of mobile money services into Nigeria,’ the firm explains. More details about the operations will be published when the company releases its full year results in May, it says.
‘This licence enables us to expand our digital financial products and reach the millions of Nigerians that do not currently have access to traditional financial services,’ adds Chief Executive Officer Segun Ogunsanya.
On Tuesday, the Central Bank of Nigeria awarded Airtel's subsidiary Airtel Mobile Commerce Nigeria Ltd a full 'super agent' licence, which allows it to serve the customers of licenced Nigerian banks, payment service banks, and licenced mobile money operators in Nigeria.
Current stock price: 149.80 pence, up 0.5% on Friday
12-month change: up from 74.15p
|
